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Convertible Security

A security of an issuer (for example - bonds, debentures, or preferred shares) that may be converted into other securities of that issuer, in accordance with the terms of the conversion feature. The conversion usually occurs at the option of the holder of the securities, but it may occur at the option of the issuer.

News On Convertible Security
SKS Microfinance: Outcome of board meeting

29-10-2014| Source:Moneycontrol.com

SKS Microfinance in its meeting held on October 29, 2014, have approved issuance of Non-convertible Debentures and other debt securities etc, within the overall borrowing limits on a private

IFCI's Rs 250 cr NCD issue opens; shelf limit Rs 2000 cr

18-10-2014| Source:Moneycontrol.com

State-run IFCI has come out with its public issue of secured, redeemable, non-convertible debentures of face value of Rs 1000 each for an amount aggregating up to Rs 2000 crore.

Jindal Saw: Board meeting on Oct 10, 2014

07-10-2014| Source:Moneycontrol.com

Jindal Saw has informed that a meeting of the Board of Directors of the Company will be held on October 10, 2014, to consider the issuance of securities convertible into equity shares of the Company

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